VIRGINIANS FOR A BETTER FUTURE INC Charity Report

Public IRS 990 nonprofit record

VIRGINIANS FOR A BETTER FUTURE INC

EIN 82-1709134

What they do

VBF SUPPORTS PUBLIC POLICIES THAT PROMOTE THE ABILITY of VIRGINIANS to PROSPER and THRIVE, INCLUDING, BUT NOT LIMITED TO, POLICIES RELATED to HEALTHCARE, EDUCATION, and EMPLOYMENT.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $2.50 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

2.61%of revenue went to mission work2.5% of expenses · Program services

$103.63spent for every $100 of revenueSpending was higher than revenue this year.

101.02%of revenue went to management and office costs97.5% of expenses

$0.00in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,363 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $35,000 for MICHAEL MCSHANE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$37,500

Mission workProgram services$9802.61% of revenue2.5% of expenses

ManagementOffice and general costs$37,883101.02% of revenue97.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$38,863103.63% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 2.5% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

The current filing is first. Each bar compares annual spending reported for mission work, management, and fundraising.

2018Current2.5% mission · 97.5% management · 0.0% fundraising

201788.7% mission · 11.3% management · 0.0% fundraising

Money in and money out

Revenue$37,500

Expenses$38,863

Annual shortfall $1,363 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$980 · 2.5% of expenses

Management and office costs$37,883 · 97.5% of expenses

See all reported dollar amounts

Revenue$37,500

Expenses$38,863

Assets$50

Contributions$37,500

Mission work (program services)$980

Management and general$37,883

Accounting fees$2,025

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL MCSHANEPRESIDENT · 5 hrs/week $35,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (1)

MICHAEL MCSHANEPRESIDENT

About this charity

Location: 1425 DARLEY ROW, KESWICK, VA 22947
County: Albemarle
In care of: MICHAEL MCSHANE
Primary officer: MICHAEL MCSHANE, PRESIDENT

How to reach them

Phone(434) 260-2202

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: HAN GROUP LLC